REG - Royal Bk Scot.Grp. - Notices of Redemption <Origin Href="QuoteRef">RBS.L</Origin>

NatwestAnnouncement

28/01/2015 02:04

RNS Number : 7969C
Royal Bank of Scotland Group PLC
21 January 2015
Notices of Redemption
RBS Capital Trust IV ("TrustIV")
and
The Royal Bank of Scotland Group plc (the "Bank")
(collectively, the "Issuers")
The holders of the following securities (the "Securities") have been notified by the Issuers of the upcoming redemption of the Securities on 31 March 2015:
A. the $1,000,000,000 Floating Rate Non-Cumulative Trust Preferred Securities issued by TrustIV pursuant to the Amended and Restated Declaration of Trust dated 24 August 2004 of TrustIV (ISIN Code: US74927FAA93) (the "TPSs"); and
B. the US$1,000,002,000 Floating Rate Callable Subordinated Notes due 2044 issued by the Bank pursuant to the Trust Deed dated 24 August 2004 (ISIN Code: XS0199719294).
As a result of previous public tender offers for the TPSs, the Bank already holds $724,125,000 of TPSs.
The Securities are being redeemed as a result of an optional redemption event. Terms used but not defined herein shall have the meaning given to them in the relevant notice of redemption. The Issuers have sent the notices to the holders pursuant to the terms of the Securities. To view the notices, please click on the links below.
http://www.rns-pdf.londonstockexchange.com/rns/7969C_-2015-1-21.pdf
http://www.rns-pdf.londonstockexchange.com/rns/7969C_1-2015-1-21.pdf
For further information, please contact:
Matthew Richardson
The Royal Bank of Scotland Group plc
250 Bishopsgate, London, EC2M 4AA
TEL: +44 20 7678 1800

This information is provided by RNS
The company news service from the London Stock Exchange
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